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Oil Near $100 Emerges as Consensus for Next Year With Iran War

Bloomberg Markets · May 21, 2026, 5:04 AM · Also reported by 1 other source

Oil market participants are increasingly pricing crude to be capped near $100 a barrel over the next year, as demand is forced to slow down to counter millions of barrels of supply losses caused by the US-Iran war.

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Oil Near $100 Emerges as Consensus for Next Year With Iran War

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